In the day-to-day operations of your business, you encounter expenses. Expenses are the costs you incur while running your business, including what it costs to pay employees, buy materials you need for producing your product or service, buy goods to resell, run your home office or your storefront, rent or lease building space, and much more. Some expenses you pay on credit – that is, your vendor sends you a bill that you pay later – and some expenses you pay for at the time of purchase. WorkingPoint offers you the flexibility to record your expenses no matter how you incur them without a lot of fuss.

In this short video, we’ll show you how to record an expense for goods or services you received and paid for at the same time.